Bitcoin RSI Signals Potential Bottom Zone

[nihalsari]

Bitcoin’s RSI has fallen to 34, its lowest reading since April, hinting at a possible bottom. The pattern mirrors the March–April dip, when BTC consolidated for weeks before rebounding. Heavy sell pressure added to the decline, with taker sell volume topping $4 billion this week. Unless BTC holds $100,000 support, traders caution that short-term capitulation may follow.

[Nahid10]

RSI readings suggest Bitcoin might be entering a bottoming zone — a sign of possible trend reversal.

[EmTeam]

Momentum indicators are cooling off, hinting that selling pressure could soon exhaust.